State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
244 hedge funds and large institutions have $1.86B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 87 increasing their positions, 103 reducing their positions, and 24 closing their positions.
54% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 24
5% more funds holding
Funds holding: 232 → 244 (+12)
4.56% less ownership
Funds ownership: 71.76% → 67.2% (-4.6%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
11% less capital invested
Capital invested by funds: $2.1B → $1.86B (-$241M)
16% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NWM
Napa Wealth Management
Napa,
California
|
+$28.4M |
| 2 |
LPL Financial
San Diego,
California
|
+$15.6M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.7M |
| 4 |
Jane Street
New York
|
+$11.3M |
| 5 |
KAS
KPP Advisory Services
Louisville,
Kentucky
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
HM Payson & Co
Portland,
Maine
|
-$110M |
| 2 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
-$32.7M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$25.7M |
| 4 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
-$24.7M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$21.2M |
BILS Hedge Fund Activity: Q1 2024 in Review
244 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) for Q1 2024, worth a combined $1.86B — down 11% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BILS positions and 24 closed out — a net gain of 13 holders — while 87 added to existing stakes and 103 trimmed.
The largest buyer was Napa Wealth Management, adding an estimated $28.4M. The largest seller was HM Payson & Co, cutting an estimated $110M.
- 244 institutional investors held State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) as of Q1 2024, up from 232 in Q4 2023.
- Funds reported $1.86B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 37 funds opened new State Street SPDR Bloomberg 3-12 Month T-Bill ETF positions in Q1 2024 and 24 closed out, a net change of +13 holders.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF buyer in Q1 2024 was Napa Wealth Management, an estimated $28.4M added.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF seller in Q1 2024 was HM Payson & Co, an estimated $110M sold.
Based on aggregated 13F filings for Q1 2024.